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Social and Behavioral Sciences Commons™

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Public Economics

Universitas Indonesia

2022

Articles 1 - 15 of 15

Full-Text Articles in Social and Behavioral Sciences

The Relationship Of Fixed Asset Revaluation To Perception Of Performance: Evaluation Of Tax Policy, Andi Darmawan, Andar Ramona Sinaga, Arie Wibowo Dec 2022

The Relationship Of Fixed Asset Revaluation To Perception Of Performance: Evaluation Of Tax Policy, Andi Darmawan, Andar Ramona Sinaga, Arie Wibowo

Jurnal Akuntansi dan Keuangan Indonesia

This study aimed to know the relationship between fixed asset revaluation and the perception of the company's performance in the future. This research can advise the government on the effect of fixed asset revaluation on company performance when the government repeats the policy of reducing fixed asset revaluation taxes during the economic recovery during the pandemic. The methodology used in this study was mixed methods research, which collected and analyzed qualitative and quantitative data. This research used primary data from focus group discussions (representatives of industrial entities, tax consulting practitioners, public accountants, regulators, and related authorities) and questionnaires distributed to …

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The Impact Of Covid-19 Pandemic On Local Fiscal Revenue: Empirical Evidence From The Regions With Dominant Tertiary Sectors, Aisyah Nurrul Jannah, Khoirunurrofik Khoirunurrofik Dec 2022

The Impact Of Covid-19 Pandemic On Local Fiscal Revenue: Empirical Evidence From The Regions With Dominant Tertiary Sectors, Aisyah Nurrul Jannah, Khoirunurrofik Khoirunurrofik

Economics and Finance in Indonesia

The COVID-19 crisis has devastatingly affected social and economic sectors, including service or tertiary sectors such as banking, insuran;ce, hospitality, telecommunications, and industrial services. The pandemic has also aggravated fiscal conditions along with the slowing economy. This paper aims to assess the impact of COVID-19 on local own-source revenue in regions with dominant tertiary sectors and to examine how a fiscal incentive policy can increase the local own-source revenue. We applied the difference-in-difference panel random effect method by estimating total revenue and local own-source revenue as the outcome variables. The treatment variable is the districts/cities with dominant tertiary sectors of …

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The Nonlinear Impact Of Payment System Innovation On Financial System Stability In The Asean-4 Countries, Mahjus Ekananda Dec 2022

The Nonlinear Impact Of Payment System Innovation On Financial System Stability In The Asean-4 Countries, Mahjus Ekananda

Economics and Finance in Indonesia

The increasing growth of financial system encourages payment system innovation that can affect financial system stability, particularly in ASEAN countries. This study explored a variety of payment system innovation, i.e. debit cards, credit cards, electronic money, and RTGS. The financial system stability index is measured by calculating the composite indexes of non-performing loans, Z-score from ROA and CAR, share price volatility, and yield bonds. The components of the indexes are structured to reflect risks from the banking, stock, and bond markets. The resulting index value indicates the level of risk in the financial system. A higher index specifies a higher …

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Simultaneous Relationship Between Financial Inclusion, Economic Growth, And Income Inequality In Sulawesi Island, 2011-2019, Adella Siti Nursaliyawati, Siskarossa Ika Oktora Dec 2022

Simultaneous Relationship Between Financial Inclusion, Economic Growth, And Income Inequality In Sulawesi Island, 2011-2019, Adella Siti Nursaliyawati, Siskarossa Ika Oktora

Economics and Finance in Indonesia

Sulawesi Island has fairly high economic growth but is not followed by a significant decrease in income inequality. Therefore, a new strategy is needed to overcome these problems, one of them by increasing the role of the financial sector through financial inclusion. This study aims to analyze the relationship between financial inclusion, economic growth, and income inequality, as well as the factors influencing them in Sulawesi Island from 2011 to 2019. The analytical method used is the simultaneous equation model with panel data using the EC2SLS model. The results show that there is a simultaneous relationship between financial inclusion and …

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Household Size And Household Wealth In Indonesia With The Influence Of Spatial Aspects, Thomas Soseco Dec 2022

Household Size And Household Wealth In Indonesia With The Influence Of Spatial Aspects, Thomas Soseco

Economics and Finance in Indonesia

Investigating household wealth should also include spatial analysis to capture the influence of location on the households’ net wealth and to avoid underestimation of the effect of the change of variables due to estimation that ignores spatial aspects. This paper examines factors influencing household net wealth in Indonesia with the influence of spatial lag using data from the Indonesian Family Life Survey (IFLS) for 1993–2014. The article relies on the Spatial Durbin Model (SDM) to analyze the data. Results show that household net wealth in Indonesia is spatially related to each other, and the spillover effect makes the change of …

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Economic Growth And Co2 Emission In Asean: Panel-Ardl Approach, Feriansyah Feriansyah, Hari Nugroho, Aura Asyda Larre, Qori’Atul Septiavin, Cintya Khairun Nisa Dec 2022

Economic Growth And Co2 Emission In Asean: Panel-Ardl Approach, Feriansyah Feriansyah, Hari Nugroho, Aura Asyda Larre, Qori’Atul Septiavin, Cintya Khairun Nisa

Economics and Finance in Indonesia

This paper investigates the relationship between economic growth and CO2 emissions from 1994 to 2018 using a panel approach from eight ASEAN countries. We found an established result using the Panel ARDL Pooled Mean Group method. First, the panel Cointegration analysis shows a significant long-term relationship between GDP and CO2 emissions. Second, the error correction mechanism shows a stable and consistent value. Third, we found that GDP has a significant long-term effect on CO2 emissions in ASEAN countries. Fourth, our results also show that GDP significantly impacts CO2 emissions in the short term for four countries: Indonesia, Malaysia, Thailand, and …

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Poverty Map Sebagai Potret Ketimpangan Pendapatan Area Kecil Di Kota Yogyakarta, Dewi Widyawati, Siti Muchlisoh Jul 2022

Poverty Map Sebagai Potret Ketimpangan Pendapatan Area Kecil Di Kota Yogyakarta, Dewi Widyawati, Siti Muchlisoh

Jurnal Ekonomi dan Pembangunan Indonesia

Inequality occurs in the process of economic development along with dierences in the natural resources and infrastructure owned by each region. Income inequality reduction programs require accurate data collection and have to reach the smallest areas. This study discusses the application of the Elbers, Lanjouw, and Lanjouw (ELL) and Counterfactual methods to obtain estimates of income inequality indicators at the sub-district and village levels in the Kota Yogyakarta and map them in the form of a poverty map. The data used are Population Census 2010, SUSENAS (2010 and 2018), PODES (2011 and 2018), as well as other BPS publications. The …

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Infrastruktur Transportasi Dan Kinerja Ekspor Dari Tiga Kelompok Komoditas Indonesia, Adrian Pandhito Daniswara, Mohamad Ikhsan Jul 2022

Infrastruktur Transportasi Dan Kinerja Ekspor Dari Tiga Kelompok Komoditas Indonesia, Adrian Pandhito Daniswara, Mohamad Ikhsan

Jurnal Ekonomi dan Pembangunan Indonesia

This study aims to assess the impact of road and port infrastructure quality of Indonesia and its trade partners, on Indonesia’s export performance in total as well as on three commodity groups, consisting of mineral, base metals, and manufactured products. Using the Gravity Model with panel data from bilateral export value with 18 largest trade partners in 2007 to 2018, this study found that the proxy of transportation infrastructure quality of both countries are significant and positively impact Indonesia’s total export performance. This study also found that better transportation infrastructure quality has stronger impacts on base metals and manufactured products …

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Indikator Makroekonomi Dalam Perspektif Sentimen Media Massa Internasional Di Negara Asean, Eman Sukmana, Musdalifah Musdalifah, Bakhtiar Amaludin, Anton Nurcahyo Jul 2022

Indikator Makroekonomi Dalam Perspektif Sentimen Media Massa Internasional Di Negara Asean, Eman Sukmana, Musdalifah Musdalifah, Bakhtiar Amaludin, Anton Nurcahyo

Jurnal Ekonomi dan Pembangunan Indonesia

This study was conducted to analyze the effect of international mass media sentiment on macroeconomic indicators in five ASEAN countries, namely Indonesia, Malaysia, Thailand, Singapore, and Brunei Darussalam. The purpose of this study is to develop a macroeconomic forecast model based on the analysis of macroeconomic indices and international sentiment that combines GDELT and World Development Indicators (WDI) data. The research result states that each economic index variable has a correlation with the news sentiment variable. The indicators most correlated with the news sentiment variable were Current Account Balance (CAB) (0.777628), Foreign Direct Investment (FDI) (0.727840), and Inflation (-0.223941). Therefore, …

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Constructing Indonesian Digital Economy Index In Determining Economic Policy Priorities Amidst The Covid-19 Pandemic, Diah Rukmana Sari, Nasrudin Nasrudin Jun 2022

Constructing Indonesian Digital Economy Index In Determining Economic Policy Priorities Amidst The Covid-19 Pandemic, Diah Rukmana Sari, Nasrudin Nasrudin

Economics and Finance in Indonesia

The constant increase in the number of internet users in Indonesia amid a sluggish economy caused by the Large-Scale Social Restriction (PSBB) policy is a great opportunity for a digital-based economy. However, the unavailability of relevant macroeconomic statistical measurements inhibits the digital economy from being determined as a policy priority amidst the Covid-19 pandemic. This study offers an alternative measurement of the digital economy of Indonesia by establishing Digital Economy Index (DEI). This study discovers that digital economic activities in Indonesia have grown rapidly with an average growth of almost nine percent quarterly. On the other hand, this study also …

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Apakah Penerapan Desentralisasi Memberikan Dampak Yang Tidak Baik? Studi Permukiman Kumuh Di Jabodetabek, Meila Husna, Muhammad Halley Yudhistira Apr 2022

Apakah Penerapan Desentralisasi Memberikan Dampak Yang Tidak Baik? Studi Permukiman Kumuh Di Jabodetabek, Meila Husna, Muhammad Halley Yudhistira

Jurnal Kebijakan Ekonomi

The implementation of decentralization should have a positive impact on regional progress. Since its implementation in 2001, decentralization in Indonesia has become deeper and wider. Using the slum settlement policy as a study approach, this study will examine the impact of decentralization and how persistent these impacts are. The estimation results using RD-DiD shows that the implementation of decentralization has a negative correlation with the arrangement of slums in the Jabodetabek area. The area of slums is 45% greater than the year before decentralization or a non-decentralized area. Thus, in the aspect of structuring the slums, it can be concluded …

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Does It Pay To Be Good? The Performance Of Indonesian Green Companies From 2009 - 2018, Ega Annisa Rizti, Berli Martawardaya Apr 2022

Does It Pay To Be Good? The Performance Of Indonesian Green Companies From 2009 - 2018, Ega Annisa Rizti, Berli Martawardaya

Economics and Finance in Indonesia

In Indonesia, KEHATI Sustainable and Responsible Investment (SRI) Index, hereafter referred to as SKI, aims to raise public awareness and help pro-environmental investors by selecting 25 highly rated public companies that adhere to the internationally accepted green business standard. This paper compared the financial performance of the companies listed in SKI and their counterparts between the period of January 2009 and December 2018 by predicting their future opening price of stock, comparing the performance of SKI to JKSE market index, and examining their financial performance using ROA and ROE as dependent variables. The findings suggest that being included in SKI …

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The Impact Of Foreign Investment On Firm Performance: Indonesia After The 2007 Fdi Reform, Nauval Hafiluddin, Arianto Arif Patunru Apr 2022

The Impact Of Foreign Investment On Firm Performance: Indonesia After The 2007 Fdi Reform, Nauval Hafiluddin, Arianto Arif Patunru

Economics and Finance in Indonesia

Foreign Direct Investment (FDI) plays a crucial role in the economy of Indonesia. The new FDI law passed in 2007 serves as a new milestone in the FDI regime in Indonesia. As the country implements the new regulation, the impact of foreign investment on firm performance becomes an interesting subject. This paper aims to estimate the effect of foreign investment on the productivity and contribution of firms in relation to the new FDI law in Indonesia. This study employed a combination of Propensity Score Matching (PSM) and Difference-in-Differences (DiD) methods to eliminate endogeneity problems and to examine causality. We discover …

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The Productivity And Future Growth Potential Of Indonesia, Mohamad Ikhsan, Sri Mulyani Indrawati, I Gede Sthitaprajna Virananda, Zihaul Abdi Mar 2022

The Productivity And Future Growth Potential Of Indonesia, Mohamad Ikhsan, Sri Mulyani Indrawati, I Gede Sthitaprajna Virananda, Zihaul Abdi

Economics and Finance in Indonesia

The output per worker of Indonesia has been on a downtrend since 2010, with total factor productivity (TFP) and capital stock largely stagnant if not declining. This paper discusses stylized facts that may explain recent trends in the productivity and growth potential of Indonesia. The decomposition of output per worker reveals the declining contribution of human capital, which is also most negative among peer countries. The growth in labor productivity has been concentrated within sectors, implying room for gains from labor reallocations. A substantial share of employment and credit in Indonesia has shifted to the relatively unproductive service sectors, particularly …

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Waqf Fund Management Through Micro Waqf Bank Program In Indonesia, Fachry Ganiardi Danuwijaya, Nurwahidin M.Ag Jan 2022

Waqf Fund Management Through Micro Waqf Bank Program In Indonesia, Fachry Ganiardi Danuwijaya, Nurwahidin M.Ag

Journal of Strategic and Global Studies

Waqf is a muamalah activity that has a very important economic and social role in Islamic history. Waqf is one of solutions to the problem of poverty and social inequality in society. The establishment of the Micro Waqf Bank initiated by the government together with the Financial Services Authority (OJK) has played an important role as one of the new Islamic microfinance institutions in financial inclusion in Indonesia. This paper will discuss how the management of waqf funds through the Islamic Waqf Bank program based on pesantren in efforts to alleviate poverty and social inequality which has become a chronic …

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